This savings account gives you higher-interest rates, monthly interest credits, and digital features to help you grow your investment
Monthly interest credit is a feature offered by IDFC FIRST Bank on their savings account where the interest is calculated on the daily closing balance and credited to the account holder every month instead of quarterly. This enhanced frequency of interest pay-out allows for compounding to occur more frequently, resulting in better returns for the account holder.
Source: indiatimes.com
